308 S Spinnaker Ln, Milton, DE, 19968 | $537/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Milton at 308 S Spinnaker Ln, Milton, DE, 19968 with 5% annual appreciation on a $239,000 basis while $1,920/mo rent supports operations. Total monthly income totals $1,920/mo and a $1,170/mo payment preserves $537/mo for cash returns. Annual cash flow comes to $6,443/yr on $79,229 deployed, and return on cash invested reaches 28.04% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 9.64%. Five-year ROI measures 145.92% and total cumulative return in cash totals $115,608.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1989

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19968, Milton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,420 (100%)
Owner Occupied HU	5,893 (70.0%)
Renter Occupied HU	1,008 (12.0%)
Vacant Housing Units	1,519 (18.0%)
Median Home Value	$471,069
Average Home Value	$518,905